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Forex Trend Analysis Report

Prepared for you on Tuesday, June 2, 2020.

Polish New Zloty/Swedish Krona (FOREX:PLNSEK)

Crossroads (+60) - PLNSEK is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid PLNSEK?

MarketClub looks at technical strength and momentum to determine if the timing is right for PLNSEK.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_PLNSEK
Open High Low PLNSEK Price Change
2.36885 2.36970 2.36750 2.36755 -0.00130
Entry Signal

MarketClub’s Trade Triangles for PLNSEK

long term down The long-term trend has been DOWN since Mar 19th, 2020 at 2.42325

intermediate term up The intermediate-term trend has been UP since May 26th, 2020 at 2.38830

short term up The short-term trend has been UP since May 21st, 2020 at 2.33470

Smart Scan Analysis for PLNSEK

Based on our trend formula, PLNSEK is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for PLNSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.36885 2.36970 2.36750 2.36755 -0.00130
Prev. Close Volume Bid Ask Time
2.36885 2.36670 2.36840 2020-06-02 02:18:08
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